Startups

Earlier this year European startup Sunday raised $100 million in a Series A raise led by U.S. investors Coatue and DST Global, just five months after launching. The proposition was relatively simple and pretty much tailor-made for the COVID-19 era: diners scan a QR code to download an app, and then

Five-year-old startup Skyryse has raised a $200 million Series B to develop FlightOS, a flight automation technology stack that the company says will help experienced pilots operate new types of aircraft and allow complete novices to quickly learn the ropes of flying. Most importantly, the company

We've written a lot about fintechs that aim to help other fintechs and traditional banks launch products and services.  But it feels like we have written far less about fintechs that exist solely to help the incumbents better compete with fintechs. Extend is one such company. T

South African online healthcare marketplace RecoMed has raised a $1.5 million financing round, the company confirmed to technewss. The round was led by South Africa-focused venture capital firm Vunani Fintech Fund. RecoMed says the firm invested $1 million; the rest was shared between existing inv

Israeli startup Tactile Mobility uses existing vehicle sensor data to enable cars to “feel” the road in a way that generates insights about both the vehicle and the road via its cloud platform. On Wednesday, Tactile announced a $27 million Series C raise which it will use to further develop its

Union54, the first Zambian startup backed by Y Combinator, has gotten another major venture capital firm on its term sheet: Tiger Global. The company confirmed to technewss that the VC juggernaut led its just-completed $3 million seed round, coming only two months after graduating from Y Combinat

Based in Hong Kong, Finverse's ambitious goal is to enable open banking throughout the Asia-Pacific region. The startup recently came out of stealth mode with $1.8 million in seed funding and is now live in four markets (Hong Kong, the Philippines, Singapore and Vietnam) with connections to 30

Zolve, a neobanking startup that aims to help immigrants in the U.S. gain access to financial services, said on Wednesday it has raised $40 million in a new financing round as it begins to roll out its offerings. Partners of DST Global led the Bangalore-headquartered startup's Series A financin

DeHaat, an online platform that offers full-stack agricultural services to farmers in India, has raised $115 million in what is the largest funding round for an agritech startup in India, where farm produce yields two-thirds of the country's $1 trillion in annual retail spending. Sofina and Lig

Rent the Runway is expected to price its IPO later today and trade tomorrow morning, provided that all things go as planned. Udemy is also on the way to the public markets. Allbirds, too. And this week, Sweetgreen threw its hat into the ring. Sweetgreen is a food chain best known f

When Vipul Patel lost half of his college credits while transferring from Florida Institute of Technology to Boston University, he began digging for answers. Patel soon stumbled upon equivalency tables, where universities track which courses from other institutions can be counted for credit during

Tiger Global and Falcon Edge Capital are looking to double down on their bets on DealShare, becoming the latest high-profile investors to go all-in on India’s nascent but growing social commerce trend. The two firms, both of which are already an investor in the Jaipur-headquartered startup (A

Bridgit, a “workforce intelligence” technology company that is focused on the construction industry, announced today that it has raised CAD$24 million, or about US$19.4 million, in Series B funding. Camber Creek and Storm Ventures co-led the financing, which brings the Toronto-based startup'

The labor market is changing. More workers expect to keep working in a remote manner, even if many large employers are reticent to support the movement. The longer the pandemic drags on, the more it appears that work will look quite different in the future. As technewss has reported, startups have